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Old 03-06-2021, 07:37 PM
 
7,759 posts, read 3,882,138 times
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Quote:
Originally Posted by mathjak107 View Post
It is amazing how northwell has turned so many hospitals around and they became as big as they are ..

We were in northwell LIJ for weeks with covid .

My friends son is ceo of northwell ...now that is something to be proud of ...he is not a doctor either ..just worked his way up their ranks as a good business person
I'm in the wrong business
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Old 03-06-2021, 09:14 PM
 
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Quote:
Originally Posted by city living View Post
Mr.Retired, Peninsula had a ton of issues, aside from money, that led to the shutdown.




So you know the father of Michael Dowling?



Northwell is an interesting player to watch. If you see them showing interest in a place, the monetary potential is there. They eventually took over part of where St. Vincent's is to make a standalone ED.

Lenox was broke and then became profitable in almost no time, which just shows how much mismanagement was going on there.

It's not only about taking "all patients" it is also about redirecting resources and getting money from other avenues. They have streamlined a lot of processes. They have made a lot of big contracts with other places. They do a lot of work with HHS.
Hence the feathers being ruffled comment......

LHH isn't what it once was, neither is area surrounding.
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Old 03-06-2021, 09:28 PM
 
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Quote:
Originally Posted by Aeran View Post
Wow. Is that so. Had no idea. Interesting... I still recall all that static over St. Vincent's closing. That was a huge deal.
IIRC Lenox Hill Hospital wanted to remain independent or something. There was talk about some sort of deal with Mount Sinai to the north, but people moaned about two UES hospitals joining forces.

St. Vincent's going into bankruptcy (again), and announcing they were closing down shook up a lot of people, including apparently those at LHH as it drove them into the waiting (and wealthy) arms of North Shore-Long Island Jewish.

https://www.modernhealthcare.com/art...009%20on%20Dec.

https://www.cityandstateny.com/artic...ncent’s.html

https://nymag.com/news/features/68991/

Truth to tell days of stand alone private hospitals is pretty much over. NYU-Lagone is the last and they have been merging, acquiring and otherwise expanding as well. Lutheran Medical Center in Brooklyn is now part of NYU for instance.

In healthcare today you need economy of scale to not only leverage costs, but in dealing with insurance companies. Larger a system is the better positioned they are to put squeeze on insurance companies to get best reimbursement rates. OTOH smaller places lack that power. St. Vincent's was being paid not much more than above Medicare/Medicaid rates by insurers because they simply lacked muscle to demand better.
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Old 03-06-2021, 09:34 PM
 
31,897 posts, read 26,945,953 times
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Quote:
Originally Posted by Tencent View Post
I'm in the wrong business
Northwell (formerly North Shore-LIJ) is the largest healthcare system in New York, and one of if not the largest employers.

While Catholics couldn't keep one GD hospital open in NYC, Jewish owned systems are doing well to making bank. You don't see NYU, Montefiore, Mount Sinai in any danger of closing.

Yes, Mount Sinai is shutting down Beth Israel and rebuilding a much smaller system down there, that was there move to avoid fate of Saint Vincent's and Long Island College Hospital.

Could a Win at Beth Israel Be Near? | WESTVIEW NEWS.

https://www.nytimes.com/2016/05/26/n...d-smaller.html

https://www.crainsnewyork.com/corona...outbreak-grows

https://citylimits.org/2020/04/15/de...ovid-response/
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Old 03-06-2021, 09:52 PM
 
11,632 posts, read 12,695,930 times
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There were lots of protests when they shut down Peninsula hospital. Despite my family having very, very strong ties with the administration and the staff, they still managed to kill my father. Good doctors for a small hospital, but lousy, incompetent support staff. Lots of other family members were born in St. John's. St. John's seemed to be doing better in the early 90s and was renovated, but that didn't last very long.

St John's had an excellent reputation in the 1950s.
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Old 03-07-2021, 06:06 AM
 
Location: NY
16,028 posts, read 6,836,692 times
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Quote:
Originally Posted by mathjak107 View Post
Lots of things can be distorted too from the high points of covid .

Where we were treated at northwell LIJ rooms that were single rooms were doubled up to hold 2 beds .

Some bigger rooms held up to 4 beds and all were full.

We a were hospitalized in December while the thanksgiving - Christmas peak was happening....

Now with things ramping down they likely don’t need anywhere near the beds they did ...
Response: Opinion
Glad to hear you are O.K.
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Old 03-07-2021, 09:23 AM
 
34,050 posts, read 47,260,557 times
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This is what happens when health care turns into a business
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